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20 Harris Street Parramatta Park, QLD 4870

Sold for $780,000 on 2 Aug 2024
  • 8 Beds
  • 4 Baths
  • 4 Cars
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20 Harris Street, Parramatta Park, QLD 4870

House in Parramatta Park

$81,120 Gross Income - no BC fees

  • 8 Beds
  • 4 Baths
  • 4 Cars

This traditional Queenslander has been reconfigured into 4 x 2 bed and 1 bath units that provide a steady and substantial income for the owners. Located only minutes into town and the iconic Esplanade, this area is popular all the time and with vacancy rates below 1%, guarantees that income can be maximised.

Each unit features 2 bedrooms with new split system air conditioning, a full-sized kitchen, bathroom and sitting room. The ground floor units have their own patio, while the top floor units have a full-length veranda at the front of the house and a shared deck at the back.

With town and the major shopping centre only a few blocks away, there is scope to improve some aspects of the units and building to increase the value of the property.

The numbers that matter:

  • BC fees NIL
  • Current Rental Income $81,120pa
  • Council rates approx. $5,400pa
  • Building insurance approx. $2400pa

*Disclaimer - Ray White Cairns Beaches & Smithfield and its agents do not give any warranty or assurance as to the accuracy or reliability of any of the information contained herein. All interested parties should undertake their own investigations and seek professional advice to verify all information. Whilst we endeavour to ensure all details are correct, information has been collated from various sources, hence we provide no guarantee or warranty as to its accuracy or completeness. Our agency and its agents will not be held liable or responsible for any loss or damage as a result of any error or misrepresentation herein.*

Land:

415m² / 0.1 acres

Parking:

4 garage spaces

Bedrooms:

8

Bathrooms:

4